This year’s Thanksgiving will have provided a welcome time out for politicians and markets across the Pond. It is also a time to reflect on the state of the nation as everything closes down for the day and people retreat to spend time with their families.

Fidelity China Special Situations manager Anthony Bolton said the next 12 months should be a defining period for the country. In his view, investors will start to realise China is “not a house of cards that is going to collapse” and they will hopefully start to allocate more of their portfolio to the region.

Another week another damaging story for the structured products industry. The headline ‘FSA fines Credit Suisse UK £5.95m for structured product failings’ undoubtedly sent terror into the hearts of investors.

Hello and welcome to my first issue as editor of Investment Week. I have recently moved over from editing Incisive Media’s sister publications Professional Adviser and IFAonline.co.uk, which have now been handed to deputy Scott Sinclair.

The ETF market is the latest segment of the industry to ask itself this question. It is a path which in the last decade has been trodden by the structured investments and split capital investment trust sectors.